Smart Wheelchair Market is expected grow at a compound annual growth rate of 7.0% in the forecast period of 2020 to 2027 due to the surging volume of patients suffering from neurological disorders which is primarily driving the market growth rate.
Beside this, the increasing demand of advanced electric wheelchair from sports sector for sports events organized for disabled people along with rising applications from under developed economies will produce lucrative opportunities for the growth of the smart wheelchair market.
Smart Wheelchair Market Scenario
According to Data Bridge Market Research the market for smart wheelchair is accelerating because of the growing levels of disposable income of the people. Also the, growing demand of automated medical devices as well as the increasing number of geriatric population across the world are also expected to fuel the demand of the smart wheelchair market over the forecast period of 2020 to 2027. Whereas the, High cost of the product along with dearth of improved infrastructure will obstruct the growth of the smart wheelchair market in the above mentioned forecast period.
Now the question is which are the other regions that smart wheelchair market is targeting? Data Bridge Market Research has estimated large growth in Asia-Pacific due to increasing occurrences of accidents along with rising incidence of geriatric population and growing per capita health expenditure in the region.
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Smart Wheelchair Market Development
- In December 2020, Phoenix Instinct had created a smart wheelchair with "intelligent centre of gravity". This wheelchair has a movable axle position that mechanically adjusts the chair's centre of gravity to prevent overbalancing. This creation will help the company to expand its presence in the market.
Smart Wheelchair Market Scope
Smart wheelchair market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
- All country based analysis of smart wheelchair market is further analyzed based on maximum granularity into further segmentation. Based on product, smart wheelchair market is segmented into electric indoor chair, electric outdoor chair, dual purpose chair, rear wheel drive chair, front wheel drive chair, center wheel drive chair, standing electric wheelchair, and others. On the basis of type, smart wheelchair market is segmented into standard powered wheelchairs, standard plus powered wheelchairs, and custom-built powered wheelchairs. Based on application, smart wheelchair market is segmented into neurologically impaired patients, handicap patients, and others. On the basis of distribution channel, smart wheelchair market is segmented into retail, and E-commerce. Smart wheelchair market has also been segmented based on the end user into rehab centers, hospitals, and others.
- A smart wheelchair (SW) is a type of a power wheelchair to which sensors, computers and assistive technology are attached. Smart wheelchair software is divided into separate programs to control concomitantly on multiple computing nodes to decrease the time required for data.
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Key Pointers Covered in the Smart Wheelchair Market Industry Trends and Forecast to 2027
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Healthcare Outcomes
- Market Cost of Care Analysis
- Market Regulatory Framework and Changes
- Prices and Reimbursement Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Medical Depot, Inc
- Permobil AB
- Pride Mobility Products Ltd
- GF HEALTH PRODUCTS, INC
- Invacare Corporation
- Karman Healthcare, Inc
- LEVO AG
- MEYRA GmbH
- Ottobock
- WHILL Inc
- Sunrise Medical
- Antano Group
- 21st Century SCIENTIFIC Inc
- Hoveround Corporation
- Merits Health Products
- Ostrich Mobility
- KrosMedical Europe
Above are the key players covered in the report, to know about more and exhaustive list of smart wheelchair companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-smart-wheelchair-market
Research Methodology of Global Smart Wheelchair Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Related Reports
- Global Autonomous Wheelchair Market – Industry Trends and Forecast to 2027
- Global Wheelchair Cushion Market – Industry Trends and Forecast to 2027
Browse in Healthcare Category Related Reports@ https://www.databridgemarketresearch.com/report-category/healthcare/
